European and Japanese economic performances diverged during 2010.

The Fed is once again engaging in expansionary monetary policy as the PBOC shifts its focus to containing inflation.

China and the US should sustain relatively good growth, but Europe's and Japan's prospects are less bright.

As US growth is poised to accelerate and Europe shows signs of renewed strength, Chinese growth begins to climb down from double-digit rates.

Growth is bouncing back strongly in 2010, led by developing economies.

Restrictive Fiscal Policy in Europe will reduce the region's growth rate during the next couple of years.

Most regions around the world except for the European periphery are poised for strong growth during the year ahead.

Asian growth continues to outpace growth in the traditional industrial economies.

While China deals with overheating, Europe and Japan's growth prospects are weak in the year ahead.

Despite massive pending bank losses, signs of stabilization emerge in the US and Europe

Developing Asian growth has outpaced growth rates seen in other regions.

The G-20 has become the most important global governance organization in the world.

Growth in the developing world will strongly outpace growth in the advanced economies during the next decade.

The global economy appears to have finally turned the corner.

Despite indications that growth has bottomed, uncertainty continues to cloud the US outlook.